I would have demanded Drew cut his pay to $3.5 mil, thus generating real saving $4.5 mil, both in cash and cap space.
If he refused, I would have cut him and signed Brian Griese and possibly another cheap vet to compete.
I also would have traded next year's 3rd for Drew Henson.
Bledsoe hamstrung the entire offense due to inability to make decisions with the football. The offense was dumbed down to a rookie level to minimize the chances of Drew melting down.
For a guy whose only real asset is his big arm, they sure didn't throw more than 10 yards downfield very much except on flea flickers.